Oil prices hit 18-month high on production cut hopes

Oil prices hit 18-month high on production cut hopes

Now playing Next

Oil prices hit 18-month high on production cut hopes

Latest news bulletin | May 19th – Evening

Now playing Next

Latest news bulletin | May 19th – Evening

Peace and global security top the agenda at the World Forum on Intercultural Dialogue

Now playing Next

Peace and security top agenda at World Forum on Intercultural Dialogue

IN PARTNERSHIP WITH AZPROMO

FILE - President Ebrahim Raisi addresses the crowd in the annual rally commemorating Iran's 1979 Islamic Revolution in Tehran, Iran, Sunday, Feb. 11, 2024.

Now playing Next

Iranian president's helicopter in 'hard landing', state media reports

The Moselle rises above the edge of the flood protection wall and flooded large parts of the old town Zell, Germany

Now playing Next

Severe flooding wreaks havoc across northern Europe

The highway entrance to the A620 in Saarbrücken is flooded as heavy continuous rain has caused multiple floods and landslides in Saarland, western Germany

Now playing Next

Europe hit by severe floods in the north and a heatwave in the south

Excited Dubliners crowd around the portal at night time to get a glimpse of New Yorkers during the day.

Now playing Next

Dublin-New York portal used for indecent exposure and swearing

Pro-Israel demonstrators gathered outside International Court of Justice

Now playing Next

WATCH: Pro-Israel protesters rally outside ICJ

Abu Dhabi champions.

Now playing Next

2024 World Judo Championships under way at Mubadala Arena

Destroyed resort compound is seen from above after a Russian rocket attack near Kharkiv, Ukraine, Sunday, May 19, 2024.

Now playing Next

Russian military advances in Ukraine's war-ravaged northeast

Protesters with masks of European far-right leaders pose during a demonstration against conservative party Vox members gather in Madrid, Spain, Sunday, May 19.

Now playing Next

Protesters rally against right-wing Vox party's conference in Madrid

A damaged boat at the northern edge of Budapest where it was towed after being discovered in the water by police following a boat collision on the Danube, May 19, 2024

Now playing Next

Two people die and five missing after boat collision in Hungary

Flowers are placed outside the F. D. Roosevelt University Hospital in Banska Bystrica, central Slovakia, Saturday, May 18, 2024

Now playing Next

'Worst fears have passed' for shot Slovakian PM Robert Fico

Updated: 03/01/2017 - 17:02

Video. Oil prices hit 18-month high on production cut hopes

Oil prices hit their highest in 18 months on hopes the deal between OPEC and non-OPEC members to cut production will reduce a glut of crude.

Read full article

More from Markets

Malipano island, Philippines, Samal with a Bitcoin price tag

Now playing Next

Buying a piece of an island: How crypto could change property deals

Yves Holenstein, Head of Custody & Staking at Bitcoin Suisse AG

Now playing Next

How Bitcoin and AI are going to transform our lives in 10 years

Stefan Bollingerm Co-head of EMEA, Goldman Sachs

Now playing Next

'We are positive but cautious': Goldman Sachs on best 2024 investments

A man walks past the Bank of England, at the financial district in London, on May 11, 2023.

Now playing Next

BoE and US Fed pause key rates in bid to bring down inflation

Latest video

Former South African President Jacob Zuma at the launch of his newly formed uMkhonto weSizwe (MK) party's manifesto Saturday, May 18, 2024.

Now playing Next

South Africa's controversial former president Jacob Zuma holds rally

Demonstrators gather to protest against far-right meeting featuring Milei in Madrid

Now playing Next

Argentinian President speaks at Spain's far-right conference in Madrid

Newly recruited soldiers of the 3rd assault brigade train in Kyiv, Ukraine, Friday, May 17, 2024

Now playing Next

Ukraine's divisive new mobilisation law takes effect

Polish Prime Minister Donald Tusk announcing 2.5 billion into fortifying border with Russia, Belarus in Krakow, Poaland, 18th May 2024.

Now playing Next

Poland invests €2.2 billion into its border with Russia and Belarus

Benny Gantz, a key member of Israel's War Cabinet, Tuesday, March 5, 2024.

Now playing Next

Israeli minister Gantz says he will quit if his plan is not adopted

German Chancellor Olaf Scholz visited Kleinblittersdorf, Germany, which was hit by flooding, Saturday, May 18, 2024.

Now playing Next

Olaf Scholz assures state of Saarland of government's 'solidarity'

Pope Francis is offered a 'peace flag' during the 'Arena of Peace - Justice and Peace Will Embrace' meeting in Verona, Italy, Saturday, May 18,2 2024.

Now playing Next

Pope Francis encourages forgiveness and love in visit to Verona

FILE - Police arrest a man after Slovak Prime Minister Robert Fico was shot in the town of Handlova, Slovakia, Wednesday, May 16th 2024

Now playing Next

Court orders detention of suspected would-be assassin of Slovakia's PM

Georgia's president vetoes media law that's provoked weeks of protests

Now playing Next

Georgia's president vetoes media law that's provoked weeks of protests

Smoke rises after a Russian attack in Kharkiv, Ukraine, Friday, May 17, 2024.

Now playing Next

Deadly Russian airstrikes on the cities of Kharkiv and Odesa

French gendarmes patrol the streets in Noumea, New Caledonia, Thursday May, 16, 2024.

Now playing Next

Sixth fatality reported in New Caledonia violence

The synagogue in Rouen is pictured after a man armed with a knife and a metal bar is suspected of having set fire, Friday, May 17, 2024.

Now playing Next

Hundreds gather in Paris to light candles after synagogue attacked

Psyche before the Throne of Venus by Henrietta Rae

Now playing Next

Tate Britain celebrates 400 years of overlooked female artists

Host Méabh Mc Mahon with Sophia Russack, Anna Nalyvayko and Petros Fassoulas

Now playing Next

Brussels, my love?

Brussels, my love? Transparency over MEPs' side jobs

Rescue workers wheel Slovak Prime Minister Robert Fico, who was shot and injured, to a hospital in the town of Banska Bystrica, central Slovakia, Wednesday, May 15, 2024.

Now playing Next

Political violence rises in EU driven by extremism and disillusionment

A demonstrator with draped Georgian national and EU flags stands in front of police blocking the way to the Parliament building in Tbilisi, May 14, 2024

Now playing Next

State of the Union: sunshine in Ankara, darkness in Tbilisi